NEW YORK , Sept. 9, 2022 /PRNewswire/ -- The "Magnetic Materials Market by Application, Product, and Geography - Forecast and Analysis 2022-2026" report by Technavio expects the market size to grow by USD 10.99 trillion and accelerate at a CAGR of 5.98% during the forecast period. The report considers various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample PDF Report Here
The global magnetic materials market is fragmented. The growing competition has a direct impact on the growth potential of the market. Hence, are focusing on differentiating themselves from other competitors based on a wide variety of offerings, quality, price points, and attractive discount offers. Vendors follow some criticality of input to compete in the market. The major inputs are the quality used by these vendors. They also invest heavily in building their brand image and technology to enjoy the trust of consumers and provide a better customer experience by using innovative technologies.
Vendors in the global magnetic materials market differentiate themselves based on price, quality, and innovations that they adhere to. The report identifies Alliance LLC, Arnold Magnetic Technologies Corp., Bunting Magnetics Co., Carpenter Technology Corp., Daido Steel Co. Ltd., DEXTER MAGNETIC TECHNOLOGIES, Dura Magnetics Inc., Electron Energy Corp., Grundfos Holding AS, Hengdian Group DMEGC Magnetics Co. Ltd., Hitachi Ltd., Integrated Technologies Group, Lynas Rare Earths Ltd., Magna Tronix Pvt. Ltd., Magnaworks Technology Inc., Magnet Expert Ltd, Master Magnetics Inc., TDK Corp., Toshiba Corp., and Tytek Industries Inc. as some of the major market participants.
Although the increased applicability in the computer application industry will offer immense growth opportunities, the volatile prices of raw materials will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here
The global magnetic materials market is segmented as below:
The automotive and transportation segment generated the maximum revenue in the market in 2021. The segment is driven by the increasing demand for unique automotive solutions.
The market growth in the hard magnetic materials segment will be significant over the forecast period. The increased adoption of hard magnets across various industries such as automotive, electronics, and industrial is driving the growth of the segment.
APAC will emerge as the key market, occupying 45% of the global market share. The growing applications of hard magnets in data storage and digital data storage will generate the need for magnetic materials in APAC during the forecast period.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our magnetic materials market report covers the following areas:
Magnetic Materials Market Industry Analysis
Magnetic Materials Market 2022-2026: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the magnetic materials market, including some of the dominant vendors. Backed with competitive intelligence and benchmarking, our research report on the magnetic materials market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Magnetic Materials Market 2022-2026: Key Highlights
CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist magnetic materials market growth during the next five years
Estimation of the magnetic materials market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the magnetic materials market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of magnetic materials market vendors
Laboratory Consumables Primary Packaging Market by Product and Geography - Forecast and Analysis 2022-2026
Glass Substrate Market by End-User and Geography - Forecast and Analysis 2022-2026
Accelerate at a CAGR of 5.98%
APAC, North America, Europe, South America, and Middle East and Africa
US, China, Japan, India, and Germany
Leading companies, competitive strategies, consumer engagement scope
Alliance LLC, Arnold Magnetic Technologies Corp., Bunting Magnetics Co., Carpenter Technology Corp., Daido Steel Co. Ltd., DEXTER MAGNETIC TECHNOLOGIES, Dura Magnetics Inc., Electron Energy Corp., Grundfos Holding AS, Hengdian Group DMEGC Magnetics Co. Ltd., Hitachi Ltd., Integrated Technologies Group, Lynas Rare Earths Ltd., Magna Tronix Pvt. Ltd., Magnaworks Technology Inc., Magnet Expert Ltd, Master Magnetics Inc., TDK Corp., Toshiba Corp., and Tytek Industries Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
3.4 Market outlook: Forecast for 2021-2026
5.3 Automotive and transportation - Market size and forecast 2021-2026
5.4 Electronics and instrumentation - Market size and forecast 2021-2026
5.5 Industrial - Market size and forecast 2021-2026
5.6 Others - Market size and forecast 2021-2026
6.3 Hard magnetic materials - Market size and forecast 2021-2026
6.4 Soft magnetic materials - Market size and forecast 2021-2026
8.3 APAC - Market size and forecast 2021-2026
8.4 North America - Market size and forecast 2021-2026
8.5 Europe - Market size and forecast 2021-2026
8.6 South America - Market size and forecast 2021-2026
8.7 Middle East and Africa - Market size and forecast 2021-2026
8.8 China - Market size and forecast 2021-2026
8.9 US - Market size and forecast 2021-2026
8.10 Japan - Market size and forecast 2021-2026
8.11 Germany - Market size and forecast 2021-2026
8.12 India - Market size and forecast 2021-2026
9.3 Impact of drivers and challenges
12.3 Currency conversion rates for US$
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/usd-10-99-trillion-growth-expected-in-magnetic-materials-market--driven-by-increased-applicability-in-computer-application-industry-301620167.html
The Royal Horticultural society (RHS) will close its five gardens at Bridgewater, Wisley, Hyde Hall, Harlow Carr and Rosemoor on the day of the Queen's funeral.
Berkshire Hathaway is on pace to collect $6.07 billion in dividend income over the next 12 months. Just five holdings will account for 71% of total payouts.
Expect cost certainty to fly right out the (drafty) window.
A few months ago, I started buying stock in Intel, betting that the company would become a monopoly chip manufacturer outside Asia. Whether you know it or not, you’re betting on Intel too. The largest and most advanced companies in the U.S., and even our military superiority, depend on access to the most advanced semiconductor chips in the world.
Revance CEO Mark Foley joins Yahoo Finance Live to discuss the therapeutic company's anti-wrinkle Daxxify treatment, its multi-use purposes, and its competition with traditional Botox injections.
Congressional Democrats want to slam shut a tax loophole known as the "backdoor" Roth IRA. In one of several proposed changes that target the retirement accounts of wealthy Americans, Democrats on the House Ways and Means Committee want to prohibit people … Continue reading → The post Democrats Want to End This Lucrative Retirement Account Loophole appeared first on SmartAsset Blog.
Tesla stock is climbing today in midday trade, up over 2% and up nearly 10% for the week. Here are two big stories driving shares today.
Yahoo Finance reporter Jen Schonberger details an upcoming Treasury report that will highlight the economic danger of cryptocurrency.
Toyota Motor Corp reached a settlement potentially worth $150 million to resolve U.S. class-action litigation tied to recalls of about 3.36 million Toyota and Lexus vehicles whose defective fuel pumps could cause engines to stall. The settlement covers owners and lessees of dozens of Toyota and Lexus vehicle models manufactured in the 2013 to 2020 model years and equipped with Denso low-pressure fuel pumps. Toyota has said problems were reported more often in the southern United States, where weather is warmer.
Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers.
In an effort to streamline the regulation that governs how retirement accounts can be used, the IRS has proposed a change for 403(b) plans - a type of workplace retirement plan use mostly by public and non-profit employees. Employer-sponsored plans … Continue reading → The post The IRS Is Changing How Your Beneficiaries Receive Your Retirement Funds appeared first on SmartAsset Blog.
Zscaler gapped higher Friday in reaction to a better than expected Q4 report and guidance. Let's check out the charts of this cybersecurity firm. In this daily bar chart of ZS, below, we can see that prices opened sharply higher Friday.
Tesla Inc. is proposing to build a lithium refinery in Texas, adding to its presence in the state and following the advice of its own Chief Executive Elon Musk a few months ago.
The Zacks Cable Television industry participants like Comcast (CMCSA), Charter Communications (CHTR) and Rogers Communication (RCI) are benefiting from growing demand for high-speed Internet and increased consumption of media amid significant cord-cutting.
Russia warned the West on Friday that plans to try to cap the price of Russia's oil and gas exports in retaliation for the war in Ukraine would fail and ultimately lead to the instability of the United States and Europe. The confrontation over Ukraine has prompted European Union customers to reduce their purchases of Russian energy while both the G7 and the EU are trying to impose a price cap on Russian oil and gas.
If $1 million was once the consensus target for retirement savings in the U.S., that appears to be changing. A recent Schwab Retirement Plan Services survey found that 401(k) plan participants across the country now believe they must save $1.9 … Continue reading → The post 401(k) Plan Participants Say They Need to Save This Much to Retire appeared first on SmartAsset Blog.
Deciding when to time your retirement plan withdrawals matters for determining how long your money will last and what you'll pay in taxes for those distributions. If you have a 401(k) at work, you might follow the Rule of 55 … Continue reading → The post Rule of 55 vs. 72(t): Retirement Plan Withdrawals appeared first on SmartAsset Blog.
Tesla is getting into a new part of the battery supply chain in a bid to secure raw materials to expand battery capacity for its electric vehicles.
(Bloomberg) -- A federal appeals court saved Citigroup Inc. from an epic blunder that became the talk of Wall Street, rejecting a ruling that Revlon Inc. creditors could keep more than half a billion dollars the bank accidentally sent them. Most Read from BloombergCharles Becomes King as the Face of a Nation ChangesDouble Rainbow Appears Over Buckingham Palace as Crowd Gathers to Mourn QueenQueen Elizabeth’s Doctors Are Concerned for Her HealthQueen Elizabeth II, Britain’s Longest-Reigning Monar
It's time to be extra picky.